2013-01-10 06:03:31 -
Sika AG /
Sika AG: 5.8% increase in sales thanks to strong global positioning
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* Sales up 5.8% to CHF 4.82 billion
* 10.7% growth in emerging markets
* Emerging markets account for 37% of sales
In 2012, Sika lifted sales by 5.8% to CHF 4.82 billion. This was largely
attributable to Sika's strong global presence, which enabled the company to
offset fall-offs in demand in European markets. 10.7% growth was achieved in the
Sika increased sales by 5.8% to CHF 4.82 billion in 2012. In local currencies,
Sika posted 5.3% growth in sales. This figure includes an acquisition effect of
3.5%. The currency effect
At 17.0% in local currencies, the highest growth was generated in the Region
Latin America. This growth was driven by continual investments and the expansion
of production capacity in the entire region. In North America, Sika improved
sales by 9.0% in local currencies on the back of heavy demand for refurbishment
projects. In Asia/Pacific, Sika reported growth of 6.8% in local currencies,
benefiting from a substantial expansion in sales in Southeast Asia, stable order
books in Japan and a marked recovery in China in the second half of the year.
The Region IMEA (India, Middle East, Africa) saw a 7.7% increase in local
In Europe, the debt problem and euro crisis had a negative impact, resulting in
a downwards volume trend in most European markets. The Region Europe North
recorded negative growth of -4.0%, while the Region Europe South witnessed
growth of 1.0%. Adjusting for the positive acquisition effect gives decreasing
growth of -7.0% here.
The expansion strategy pursued in the emerging markets led to renewed high
growth. The proportion of sales generated by Sika in the emerging markets is now
at 37% (2011: 36%).
In local currencies, sales of products for the building and construction
industry were up by 4.2% in the 2012 business year, with an acquisition effect
of 3.4%. Sales of products for industrial manufacturing increased 9.4% in local
currencies, including an acquisition effect of 3.5%.
Sika AG Contact: Dominik Slappnig
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Switzerland Tel.: +41 58 436 68 21
Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals
company. Sika supplies the building and construction industry as well as
manufacturing industries (automotive, bus, truck, rail, alternative energies,
building components). Sika is a leader in processing materials used in sealing,
bonding, damping, reinforcing and protecting load-bearing structures. Sika's
product lines feature high-quality concrete admixtures, specialty mortars,
sealants and adhesives, damping and reinforcing materials, structural
strengthening systems, industrial flooring as well as roofing and waterproofing
systems. Worldwide local presence in 76 countries and some 15,000 employees link
customers directly to Sika and guarantee the success of all partners. Sika
generated annual sales of CHF 4.82 billion in 2012. Visit our website at
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Source: Sika AG via Thomson Reuters ONE